Company Number: 14553992

Analysis Date: 2025-07-20 12:33 UTC

1. Risk Rating: MEDIUM

The company shows a significant turnaround in net assets from a negative £18,376 at the end of 2023 to positive £11,565 by April 2025, indicating recovery and improving solvency. However, the limited operating history since incorporation in late 2022, the micro-entity size, and small asset base suggest caution. The low number of employees (average 1 in the last period) and minimal fixed assets indicate a very small operational scale, increasing operational risk.

2. Key Concerns:

• Volatile financial position: The company moved from substantial net liabilities in 2023 to net assets in 2025, which, while positive, reflects significant financial volatility in its short history.
• Limited scale and operational capacity: With only one employee on average in the latest period and minimal fixed assets, the business may lack depth to sustain growth or absorb shocks.
• Director change and control concentration: One director resigned in April 2025, leaving the South African director as sole current director, who also holds significant influence and control. High control concentration may pose governance risks.

3. Positive Indicators:

• Timely filings and no overdue reports: Accounts and confirmation statements are filed on time, indicating regulatory compliance and good governance.
• Improved liquidity and solvency: Net current assets improved to £11,420 and net assets to £11,565 at 2025 year-end, demonstrating an ability to meet short-term obligations.
• Active web presence and contact information: The company maintains an active website with contact details, reflecting operational transparency and customer engagement.

4. Due Diligence Notes:

• Review detailed cash flow statements or management accounts to confirm liquidity trends beyond the balance sheet snapshots.
• Investigate reasons behind the director resignation and the potential impact on governance and operational continuity.
• Assess client base, contract length, and revenue stability given the small scale and recent incorporation.
• Confirm if there are any contingent liabilities or off-balance sheet obligations not evident in micro-entity accounts.
• Analyze any related-party transactions, especially given the family relationship between the two directors/shareholders.